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Regardless, isn't Bezos the largest landowner in the US?
by nikolay 9y ago
Regardless, isn't Bezos the largest landowner in the US?
- wavefunction 9y agoHe doesn't even crack the top 25.
- nikolay 9y agoHe's exactly at #25 [0]. But I am surprised how many newcomers are on the list! [0]: http://www.landreport.com/americas-100-largest-landowners/ http://www.landreport.com/americas-100-largest-landowners/
- maxerickson 9y agoThat list doesn't count companies. https://en.wikipedia.org/wiki/Weyerhaeuser https://en.wikipedia.org/wiki/Weyerhaeuser 13 million acres of timberlands (approximately the total of the top 9 listed there) Weyerhaeuser is a bit of an outlier being the largest private landowner in the US.
- tehlike 9y agoWhat about the value of the land?
- mullen 9y agoDoes anyone know why these super rich people buy so much land? Is owning that much land a real investment?
- tehlike 9y agoIf you check the real estate prices you will see. Real estate is one of the most solid investments one can make.
- nikolay 9y agoIt's just not the get-rich-quick schemes people of today prefer. For example, everything you can say about Bitcoin, you can say about land as well - it's scarce, but unlike Bitcoin, it has a real utility.
- tehlike 9y agoYes, real estate has historically been on the rise, despite small hiccups like in 2008. The important thing, as usual, is to diversify over different areas (so that you don't get hit like detroit). Eventually, land price is bound to go up because population is growing.
- tehlike 9y agoAlso one more thing in Bezos' case, he controls a large corporation. Meaning that he can technically buy large patches of land in advance, before Amazon decides to move into a city, for example.